1. 2019 Crown Colony Annual Meeting
April 4, 2019

2. CHESTER ABELL – PRESIDENT
OPENING REMARKS
CHESTER ABELL – PRESIDENT

3. AGENDA WELCOME AND OPENING REMARKS – Chester Abell, President
Overview
Introduction of BOG, Committee Chairs, Management
The Strength of Our Club – Membership
Food and Beverage
Golf and Greens
2019 Financial Update
Planning for Our Future – Sources and Uses of Capital
Board Introduction
Questions and Answers

4. Board of Governors Chester Abell - President
Joe McLaughlin – Vice President
Peter Doyle - Treasurer
Mike Arnold - Secretary
Rich Croce – 3 Year Term Expiring
Tom Ging
Dick Thompson
Joan Miceli – Resigned (January 2019)
Bob Kincaide – Resigned (February 2019)

5. Crown Colony Committees
Finance Committee Peter Doyle, Chairperson
House Committee Rich Croce, Chairperson
Activities Committee Joan Miceli, Chairperson (Resigned, January 2019)
Greens Committee Mike Arnold, Chairperson
Golf Committee Dick Thompson, Chairperson
Membership Committee Joe McLaughlin, Chairperson
Communications Committee Bob Kincaide, Chairperson (Resigned, February 2019)
Long Range Planning Mike Arnold, Chairperson
Ad-Hoc Committee: By-Laws/Membership Plan/Insurance Tom Ging, Chairperson
**President is Ex-offico of all Committees

6. Crown Colony Management Team
Rudy Lanza General Manager
Derek Henson Financial Controller
Jay Howard Golf Course Superintendent
Tim Knowles Director of Golf
Brenda Lanza Membership/Catering Director
Anthony Fedorka Executive Chef
Mike Trimmer Dining Room Manager
Jason Brandyburg Maintenance Manager

7. The “Key” To Our Club’s Success
Our Members

8. Membership Statistics
2019
2018
Full Golf Members
252
268
Sports Members 36 23
Social Members 50 49
Non Dues Social 33 35
Total Membership
371
375
Intro Golf Members 16 5
Intro Sports Members 2
Total Intro Members 21 7

9. Membership
Season
Strongest Introductory Membership Participation in recent years
Current Focus on Intro Member Conversion
New Marketing Strategies
Facebook
Mass Mailing
Partnering with Sanibel Captiva Chamber/Fort Myers Beach Chamber
Developing New Introductory Program for Season
Non-Refundable Conversion Program Until June 1st,2019
Flexibility to change classifications
Avoids long term wait when resigning from Club

10. Food and Beverage

11. Food and Beverage Full Staffing Level in back of the house
New Dining Room Manager has resulted in stability in Front of House Operations
Renovated Dining and Grill Room has received favorable review
Plan to update outside Patio Furniture For Fall 2019

12. Greens and Golf

13. Greens and Golf Excellent Course Conditions 2019-2020 Projects
Great Aesthetics
Completed New “Red Tees”
Projects
Firming up the Fairways
Ball-Mark Repairs
Plan to address the Wet Areas Between #8 and #9
Total Golf Rounds – 2018; 28,482 – 2017; 28,914
Q1’19 additional 1300 Golf Rounds over ‘18
Golf Event Calendar Available April 30,2019
New USGA Rules were effective January 1,2019
New Local Rules handouts will be available soon for distribution

14. 2019 Financial Update

15. 2019 Financial Update Fiscal Year 2018 - Unaudited
Profit before Depreciation of $36K compared to budgeted $29K Profit
Loss After Depreciation of -$279k compared to budgeted loss of -$258K
First Quarter of 2019 tracking to Budget; Annual budgeted Profit before Depreciation $15K
Q1 ‘19 Projected Financial Results (Before Depreciation)
Actual Budget Var
F&B ($91K) ($85K) ($6K)
Golf ($91K) ($117K) $26K
Admin $383K $387K ($4K)
Total Profit $201K $185K $16K

16. Planning for Our Future
Sources and Uses of Capital

17. Projected Uses of Capital Total Projected Capital Spend 2019
2019 Capital Plan
Sources of Capital
Forcasted
Capital Account Balance - 12/31/2018
$ 110,000
Sale of Memberships selling 9 (50%of initiation fee)
$ 117,000
Refunds Paid ( 3 Paybacks Resulting in net 6)
-$ 75,000
Membership Installment Payments
$ 98,000
Capital Dues(500 FG, 300 SP, 200 Soc)
$ 145,200
Total Capital Available
$ 392,200
Projected Uses of Capital
Total Projected Capital Spend 2019
$138,000
Ending Balance 12/31/19
$ 254,200

18. Long Term Plan Projected Capital Requirements 1-5 Years $1.2M - $1.5M

19. Board of Governors .

20. 2019-2020 Board of Governors New Board Members Sharon Grabek
Ken Robinson
Dave Larson